The Financial Services Agency (FSA) of Japan granted a permit to Coinbase, the US-listed cryptocurrency exchange, becoming the first Western firm to receive a license of its kind. The FSA updated its database on crypto exchanges licensed, and according to the guidelines, the company is approved to offer trading services on Bitcoin
U.S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days, Coinbase revealed in a case study of the transactions. The
Brian Armstrong, Coinbase’s co-founder and CEO, has revealed the majority of traders on Coinbase Pro are now institutional investors. Speaking to Fred Wilson, co-founder of Union Square Ventures and investor in Coinbase, Armstrong said: “90% of the money in the world is tied up in institutions, it’s not just retail.
Coinbase, one of the most popular U.S.-based crypto exchanges, has allegedly banned the personal account of British right-wing pundit Milo Yiannopoulos. Yiannopoulos, who has previously made high-profile and controversial remarks which led him to having his account closed on other media platforms, posted a screenshot to Gab earlier this month detailing